NEC Technologies and IIT-Bombay will collaborate on value creation for major government initiatives across smart cities, logistics and transportation domain.
NEC Technologies India, a leader in the integration of IT and network technologies, and the Indian Institute of Technology Bombay (IIT-B) have signed a research and development (R&D) pact in the field of big data analytics, Internet of Things (IoT) and Artificial Intelligence (AI).
A report by the Economic Times said that NEC and the IIT-B will jointly work on value creation for major government initiatives across smart cities, logistics and transportation domain.
They will explore the use of big data analytics to optimise the movement of logistics containers across the country, it stated.
The collaboration aims to solve social challenges in the country
Akihiko Iketani, head of NECTI’s NEC Laboratories India, was quoted saying that the collaboration aims to address social challenges posed by rapid urbanization and economic development in India, such as improving the efficiency of logistics networks, reducing road congestion and air pollution and achieving smarter and safer cities.
According to him, more than 30 graduates have joined the company’s central research lab in Japan since 2012.
NEC started operations in India in the 1950s. From telecommunications to public safety, logistics, transportation, retail, finance, unified communication and IT platforms, the company serves community interests reaching from governments and private businesses to individuals.
The company operates across India with offices in New Delhi (head office), Noida, Mumbai, Chennai, and Bengaluru.